There has been a substantial improvement compared to 15 years ago, when the incidence of poverty among the elderly was 32.4%.
While much has been written about why the GOP's tax plan would exacerbate income inequality, there are two reasons it's even worse than you think.
President Trump released details of his tax plan, which would essentially benefit the wealthiest Americans by repealing the estate tax and other changes at the expense of the middle class.
Despite decades of economic growth and recent declines in income inequality, Australians are less financially resilient.
The latest data from the Australian Bureau of Statistics shows inequality declining slightly as overall incomes stagnate.
The minimum wage may be adequate for some low-paid workers – but this is clearly not the case for the woefully inadequate Newstart Allowance.
If the gap between the wealth of the billionaires and that of the average residents continues to widen dramatically, there is likely to be discontent.
Inequality actually restricts people from earning more, educating themselves and becoming entrepreneurs.
The two major sources of data show conflicting trends on income inequality.
Who do you trust? Increasingly the answer seems to be nobody, especially when it comes to inequality.
NAFTA renegotiations may see provisions from the Trans-Pacific Partnership revive like zombies. We must remember their failures - on income inequality, labour and environmental protection.
At society's margins, people without access to the mainstream job economy are able to carve out lives rich in other resources and community.
Justifying Sydney’s ranking as a liveable city requires greater recognition of the inequality of Sydneysiders' access to jobs, wealth, transport and housing.
Trump should drop his plans to cut taxes and instead look to some of our closest friends to learn what policies actually work to build and sustain a vibrant middle class.
A new report confirms how the rich become deluded about their talents, but also hints at a growing acknowledgement of inequality.
We get angry about pay disparities, but the complex nature of executive salaries makes it hard to know where to start.
The soaring cost of housing has helped make capital ownership more profitable than work.
Wealth inequality is no 21st-century phenomenon. But it was decisively shaped by public policy during the last 100 years as economies emerged from war and redesigned the structures for life.
Not only has income inequality in Australia grown over the past two decades, rich and poor are also more segregated in terms of where they live in the big cities.
Our big cities increase incomes faster than population growth, but most residents miss out on the extra income growth. Creating multiple centres of activity may help make bigger better for everyone.